WEC Energy (WEC) Tops Q4 EPS by 3c, Revenues Miss

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WEC Energy Group posts strong 2020 results

February 4, 2021 7:00 AM EST

MILWAUKEE, Feb. 4, 2021 /PRNewswire/ -- WEC Energy Group (NYSE: WEC) today reported net income of $1.20 billion, or $3.79 per share, for 2020. This compares to earnings of $1.13 billion, or $3.58 per share, for 2019.

For the fourth quarter of 2020, WEC Energy Group recorded net income of $239.0 million, or 76 cents per share. This compares to earnings of $243.9 million, or 77 cents per share, for the fourth quarter of 2019.

"In a challenging year, we turned resilience into results for our stockholders, our customers, and our communities," said Gale Klappa, executive chairman. "And our momentum should accelerate in 2021 as... More